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Re: johnpone post# 22966

Wednesday, 01/09/2013 10:22:07 AM

Wednesday, January 09, 2013 10:22:07 AM

Post# of 37545
Each member of the eDoorways/S1S team has a really great track record. I believe they'll produce real results in time. They should be allowed whatever time is needed to get the job done, and done right this time. Shareholders will be rewarded when the team has successfully completed the projects they've been working hard on this past year. Here is a little analogy some may find helpful. When parents take a road trip, do they arrive at there destination any faster when the kids yell from the back seat 100 time, are we there yet? It seems that's what's going on with eDoorways today.

The primary initiative of eDoorways has been to raise capital in a non-dilutionary method, to continue expansion of the Company's business plan. "The first item we're happy to announce is the finalization of funding to remove long standing debt from our balance sheet and replace it with equity funding supplied by long-term holders; therefore, minimizing any near term negative effect on our securities," continued Mitchell. "We are in the final stages of securing this capital, in addition to a substantial round of financing currently in the works. We anticipate not only this deal adding a healthy valuation to Smart1Systems (S1S), but also supplying eDoorways with the funding necessary to bring many of our projects to completion. It's important to note that all of these investments are being made as long-term holdings into our companies, payable primarily in restricted notes and securities."